Sikder Insurance Company Limited (SICL) is one of the fast growing Private Sector Non-Life Insurance Companies in Bangladesh. Sikder Insurance Company Limited (SICL) was incorporated in Bangladesh as a public limited company on July 29, 2013 under the Companies Act, 1994 and licensed under the Insurance Act, 2010 in order to run all types of General Insurance Business other than Life Insurance Business. It obtained certificate of commencement of business on July 29, 2013. It got registration from Insurance Development and Regulatory Authority (IDRA) on July 29, 2013. The Company Started is business operation on July 29, 2013 with a view to providing quality customers services way of maximum security at minimum cost and prompt settlement of insurance claims. The Company gives priority for the quickest settlement of the insurance claims execution of required formalities.
underwrites major insurance businesses such as Fire Accidental Damage on
Property Insurance, Marine Cargo Insurance, Marine Hull, Liability Insurance, Aviation
Insurance, Motor Insurance, Engineering Insurance & Miscellaneous Insurance.
Nasim Sikder, a renowned business personality, is the Chairperson of Sikder
Insurance Company Limited. Presently the Company has been operating its
business through 17 branches including the Local Office. The branches are
located in different strategically important areas of the country. Sikder
Insurance Company Limited is licensed under Insurance Act, 1938 to run all
types of General Insurance Business other than Life Insurance Business. Like
most of the general insurance companies in the industry, SICL underwrites risks
in fire, marine, motor and miscellaneous business areas.